Highlights of Operating Performance for FY2018 (fiscal year ended Mar. 31, 2019)
- Both ordinary revenues and ordinary profit increased year on year. Sony Assurance reached record high in both ordinary revenues and ordinary profit.
- Net premiums written increased due to stable sales of automobile insurance.
- Earned/Incurred (E.I.) loss ratio was up due to natural disaster.
- Net expense ratio was down due mainly to a decrease in system-related expenses.
|For the years ended March 31|
|Net premiums written (Billions of yen)||91.7||95.5||100.2||108.2||113.1|
|Underwriting profit (Billions of yen)||3.0||3.4||3.0||4.8||5.0|
|Adjusted ordinary profit (Billions of yen)**||7.1||7.6||8.1||10.0||10.5|
(Net loss ratio + Net expense ratio)(%)
* Figures less than the indicated unit have been truncated while ratios have been rounded.
** Adjusted ordinary profit = Ordinary profit + Provision for catastrophe reserve
*** Net loss ratio = (Net losses paid + Loss adjustment expenses) / Net premium written
Net expense ratio = Expenses related to underwriting / Net premium written
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